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Equation News founder Vida buys the dip at $2281 with $2 million worth of ETH
Mars Finance reports that on-chain analyst Ai Yi monitored that Vida, the founder of Formula News, publicly bought in $2 million worth of ETH early this morning. The purchase of 1983.57 ETH was at a price of $2281, nearly the short-term bottom, and has already realized unrealized gains. Additionally, they have prepared another $20 million to bottom fish during a “bigger sharp decline.” Since the “1011 Insider Whale” has been liquidated, Vida believes there will be no major crash this weekend and plans to hold the ETH position until the next trading day on Monday, waiting for the precious metals market to stabilize before a crypto rebound.